Under Offer
34-36 High Street,
Cosham,
Portsmouth,
Hampshire,
PO6
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Retail and Leisure, D1 and Other, Offices
2,524 Sq Ft (234.48 Sq M)
- Modern Retail Unit
- Prominent position with busy footfall
- Central position close to public car parks, bus and rail stations
- Double fronted shop front
- Rear access
- Large open plan sales area
- Rent £35,000 pax
- New lease available
- First Floor ancillary Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses
- Nearby occupiers include Tesco, Rowans Hospice, Superdrug and Co-op Funeralcare
Location
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The property is located in Cosham, which is a busy suburb of Portsmouth. Nearby occupiers include Tesco, Rowans Hospice, Superdrug and Co-op Funeralcare.
Description
Large Double Fronted Unit In Pedestrianised High Street
Total NIA - 234.50 sq m (2,524 sq ft)
Accommodation
The accommodation comprises a large double fronted ground floor retail unit. There is rear access via Fire Station Close.
Internally, the shop has a ground floor open plan sales area with a W/C and left in a shell condition, ready for tenants fit out.
We have measured and calculated the premises to have an approximate Net Internal Area (NIA) of 234.50 sq m (2,525 sq ft).
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand the property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £35,000 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value (2023): TBC
Energy Performance Rating
We understand the property has an EPC rating of D.